India's GK Energy rises 14% in trading debut; valued at $389 million

Shares of GK Energy GKEN.NS jump as much as 14.2% to 174.7 rupees in trading debut

Stock opened at 171 rupees on the NSE vs the issue price of 153 rupees

Co, which provides EPC services for solar-powered agricultural water pumps, valued at 34.49 billion rupees (about $389 million), as of 11:15 a.m. IST

Co's 4.64 billion rupee IPO includes fresh issue worth 4 billion rupees and 642.6 million rupees as offer for sale; IPO was fully-subscribed on first day of bids

IPO garnered bids worth 304.13 billion rupees

GKEN bucks broader losses, markets down after U.S. President Donald Trump's new tariffs on branded and patented drugs, and as IT stocks dip post Accenture's ACN.N quarterly results .BO

($1 = 88.6925 Indian rupees)